Lennar Management
Management criteria checks 3/4
Lennar's CEO is Stuart Miller, appointed in Sep 2023, has a tenure of 1.25 years. total yearly compensation is $34.28M, comprised of 2.9% salary and 97.1% bonuses, including company stock and options. directly owns 8.62% of the company’s shares, worth MX$64.58B. The average tenure of the management team and the board of directors is 5.2 years and 11.5 years respectively.
Key information
Stuart Miller
Chief executive officer
US$34.3m
Total compensation
| CEO salary percentage | 2.9% |
| CEO tenure | 1.3yrs |
| CEO ownership | 8.6% |
| Management average tenure | 5.2yrs |
| Board average tenure | 11.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 30 2024 | n/a | n/a | US$4b |
| Aug 31 2024 | n/a | n/a | US$4b |
| May 31 2024 | n/a | n/a | US$4b |
| Feb 29 2024 | n/a | n/a | US$4b |
| Nov 30 2023 | US$34m | US$1m | US$4b |
| Aug 31 2023 | n/a | n/a | US$4b |
| May 31 2023 | n/a | n/a | US$4b |
| Feb 28 2023 | n/a | n/a | US$5b |
| Nov 30 2022 | US$35m | US$1m | US$5b |
| Aug 31 2022 | n/a | n/a | US$4b |
| May 31 2022 | n/a | n/a | US$4b |
| Feb 28 2022 | n/a | n/a | US$4b |
| Nov 30 2021 | US$39m | US$1m | US$4b |
| Aug 31 2021 | n/a | n/a | US$4b |
| May 31 2021 | n/a | n/a | US$3b |
| Feb 28 2021 | n/a | n/a | US$3b |
| Nov 30 2020 | US$25m | US$1m | US$2b |
| Aug 31 2020 | n/a | n/a | US$2b |
| May 31 2020 | n/a | n/a | US$2b |
| Feb 29 2020 | n/a | n/a | US$2b |
| Nov 30 2019 | US$21m | US$1m | US$2b |
| Aug 31 2019 | n/a | n/a | US$2b |
| May 31 2019 | n/a | n/a | US$2b |
| Feb 28 2019 | n/a | n/a | US$2b |
| Nov 30 2018 | US$20m | US$1m | US$2b |
Compensation vs Market: Stuart's total compensation ($USD34.28M) is above average for companies of similar size in the MX market ($USD5.74M).
Compensation vs Earnings: Stuart's compensation has been consistent with company performance over the past year.
CEO
Stuart Miller (66 yo)
1.3yrs
Tenure
US$34,284,913
Compensation
Mr. Stuart A. Miller serves as Executive Chairman at Five Point Holdings, LLC since September 30, 2021. He has been Director at Doma Holdings Inc. since January 2019. Mr. Miller serves as Director at State...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Executive Chairman | 1.3yrs | US$34.28m | 8.62% MX$ 64.6b | |
| Co-CEO, President & Director | 4.1yrs | US$29.14m | 0.40% MX$ 3.0b | |
| CFO, VP & Treasurer | 6.7yrs | US$7.00m | 0.11% MX$ 811.3m | |
| VP, General Counsel & Secretary | 19.7yrs | US$3.29m | 0.0075% MX$ 56.0m | |
| VP & Controller | 16.8yrs | US$2.19m | 0.016% MX$ 119.2m | |
| Chief Operating Officer | no data | no data | no data | |
| Chief Technology Officer | 1.9yrs | no data | no data | |
| Chief HR Officer | 1.7yrs | no data | no data | |
| President of Pennsylvania & Delaware Markets | 5.2yrs | no data | no data | |
| President of New Jersey & New York Markets | 5.2yrs | no data | no data | |
| Regional President | no data | no data | no data | |
| Regional President | no data | no data | no data |
5.2yrs
Average Tenure
63yo
Average Age
Experienced Management: LEN *'s management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-CEO & Executive Chairman | 34.7yrs | US$34.28m | 8.62% MX$ 64.6b | |
| Co-CEO, President & Director | 6.7yrs | US$29.14m | 0.40% MX$ 3.0b | |
| Independent Lead Director | 27.7yrs | US$436.67k | 0.068% MX$ 510.0m | |
| Independent Director | 16.9yrs | US$408.33k | 0.015% MX$ 111.4m | |
| Independent Director | 19.3yrs | US$395.79k | 0.0089% MX$ 67.0m | |
| Independent Director | 9.9yrs | US$342.40k | 0.0068% MX$ 51.0m | |
| Independent Director | 3.8yrs | US$299.90k | 0.0049% MX$ 36.4m | |
| Independent Director | 11.5yrs | US$335.42k | 0.010% MX$ 77.7m | |
| Independent Director | 14.5yrs | US$371.15k | 0.012% MX$ 92.9m | |
| Independent Director | 1.3yrs | US$109.62k | 0.00078% MX$ 5.8m | |
| Independent Director | 1.3yrs | US$116.99k | 0.00081% MX$ 6.1m |
11.5yrs
Average Tenure
66yo
Average Age
Experienced Board: LEN *'s board of directors are seasoned and experienced ( 11.5 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 20:15 |
| End of Day Share Price | 2024/12/13 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Lennar Corporation is covered by 46 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Christopher Graja | Argus Research Company |
| Ishan Majumdar | Baptista Research |
| Matthew Bouley | Barclays |